The S&P 500 is down 7.5%—but if you're worried about it, 'you shouldn't own stocks,' says Warren Buffett
Publishing timestamp: 2024-08-05 16:39:52
Summary
U.S. stocks fell sharply on Monday due to global selloff fueled by recession fears. Warren Buffett's Berkshire Hathaway divested half of its Apple stock, leading to speculation about the end of the bull market. Buffett advises long-term investors to ignore short-term market fluctuations and focus on buying low-cost index funds through thick and thin.
Sentiment: NEUTRAL
Tickers: .SP500,
Keywords: personal finance, warren buffett,
Source: https://www.cnbc.com/2024/08/05/warren-buffett-dont-worry-about-stock-market-corrections.html